cost-reduction and profit-sharing program

cost-reduction and profit-sharing program

1. Discuss the major differences between cost-reduction and profit-sharing program, including the philosophic issues underlying each type of program. Provide examples of each, but not examples you find in the textbook. Which is most appealing to you, and why. Use your own words and your own examples.

2. Describe the various kinds of short-term incentives used by organizations, and explain why organizations design them.

3. The suggest system has been a major element in any employer plan to encourage greater employee involvement. Explain the factors that failed many systems.

4. Define performance appraisal, and explain the areas in which performance data and information are used for making decisions. Discuss the issues that employers face in measuring and rating employee performance.